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Bus210 Week 2 Business Organization Essay

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Bus210 Week 2 Business Organization Essay
Business Organization - Week 2
Amanda Ward
BUS210
08/22/2013
Kathy Willis

Business Organization - Week 2
Describe a business scenario, or multiple business scenarios, either real or fictional, that depict(s) each of the following forms of business organization:

Joint –stock company
Limited liability company
Partnership
Sole proprietorship

A joint-stock company sells off stock certificates of ownership to investors in order to raise capital. Triad Financial, now known as Santander, was an example of a joint-stock company. Jim Landy, CEO owned 49% of the company and his investors owned with 51% of the company.
A limited liability company it is a legal system that prevents creditors from seizing the personal wealth of a company’s
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